Friday, August 24, 2012

Median household incomes by age

The Times Economix blog posted this excellent graph.  As to increased income for those over 65 that appears to be attributable to decline in home equity and increased numbers of people working past 65, which is a result of the decline in pensions.  Then a real worrier: sharp income decline of those approaching retirement age.  Will those voters shoot themselves in the foot in November and vote for Romney/Ryancare?
Big Income Losses for Those Near Retirement  NYTimes com
Sources: Sentier Research estimated annual household income derived from the monthly Current Population Survey conducted by the Census Bureau.

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